for consumption/savings, labor supply/leisure, and retirement timing are then obtained by solving the model as a salvage …

In this paper, we investigate the importance of various aspects of life-that is, the value of family, leisure, work … period. Our results show that family is most often regarded as important, followed by work, friends, and leisure. This … hiearchary remained the same during the last decade. The descriptive results show an increase in the importance of family …